INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The Securities and Exchange Board of India (Sebi)has sought 15 more days from the Supreme Court to file its report on probe into
has informed the SC that substantial work has been done regarding probe and report will be filed after 15 days.Sebi began looking at
The heart of the matter is whether Adani used companies registered abroad to conduct business and pump up his share prices without properly
than two years later, reiterated the allegations and heaped pressure on the regulator to hasten the probe.Hindenburg Research in its January
24 report that levelled allegations of fraud, stock manipulation, and money laundering against the Adani group, had also flagged inadequate
disclosures of related party transactions
Adani group has denied all allegations.(With inputs from agencies)
